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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Oriental Aromatics Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:04 am

Market Cap 1,446 Cr.
Current Price 430
High / Low 657/293
Stock P/E37.6
Book Value 195
Dividend Yield0.12 %
ROCE4.07 %
ROE1.45 %
Face Value 5.00
PEG Ratio-0.53

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujchem Distillers India Ltd 143 Cr. 400 541/61.8375 3900.00 %1.38 %2.17 % 1.00
Elantas Beck India Ltd 10,647 Cr. 13,430 14,980/7,60172.5 1,0180.04 %27.7 %20.6 % 10.0
Crestchem Ltd 78.1 Cr. 260 350/70.024.6 21.10.19 %78.2 %56.2 % 10.0
Chemiesynth (Vapi) Ltd 11.0 Cr. 35.8 34.1/0.00 37.50.00 %1.00 %3.38 % 10.0
Archit Organosys Ltd 88.5 Cr. 43.1 63.6/35.1123 32.20.00 %3.69 %0.75 % 10.0
Industry Average6,099.33 Cr2,055.9777.89317.660.25%16.28%12.32%7.41

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales190.68221.38229.67230.47205.78202.87233.55220.76199.42195.34195.69226.82197.41
Expenses137.29188.13195.24210.66189.66180.72217.13206.19185.39186.16194.77215.81183.30
Operating Profit53.3933.2534.4319.8116.1222.1516.4214.5714.039.180.9211.0114.11
OPM %28.00%15.02%14.99%8.60%7.83%10.92%7.03%6.60%7.04%4.70%0.47%4.85%7.15%
Other Income0.671.121.061.990.042.262.032.350.610.740.582.812.16
Interest0.221.060.650.980.662.692.403.324.163.154.605.466.87
Depreciation4.233.993.994.084.324.624.674.814.984.974.814.944.96
Profit before tax49.6129.3230.8516.7411.1817.1011.388.795.501.80-7.913.424.44
Tax %26.71%23.57%26.42%27.36%28.80%38.71%26.10%27.99%30.91%33.89%23.64%29.24%41.22%
Net Profit36.3622.4122.7012.167.9610.488.416.343.801.19-6.052.422.61
EPS in Rs10.806.666.753.612.373.112.501.881.130.35-1.800.720.78

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales458506755760709873854815
Expenses400441639633553780799780
Operating Profit5765116127156935435
OPM %13%13%15%17%22%11%6%4%
Other Income6-0-271466
Interest571312241320
Depreciation1415181917171920
Profit before tax44438310313776272
Tax %37%42%31%16%26%30%28%
Net Profit2825578610253200
EPS in Rs13.547.4316.9825.6130.2915.845.870.05
Dividend Payout %3%7%6%10%8%9%9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-10.71%128.00%50.88%18.60%-48.04%-62.26%
Change in YoY Net Profit Growth (%)0.00%138.71%-77.12%-32.27%-66.64%-14.22%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2017-2018 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:%
5 Years:2%
3 Years:6%
TTM:6%
Compounded Profit Growth
10 Years:%
5 Years:-31%
3 Years:-55%
TTM:2730%
Stock Price CAGR
10 Years:20%
5 Years:20%
3 Years:-14%
1 Year:24%
Return on Equity
10 Years:%
5 Years:10%
3 Years:5%
Last Year:1%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:56 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital5817171717171717
Reserves311329375447540588608616640
Borrowings1051321835178140231206250
Other Liabilities691039893110120130157163
Total Liabilities4905736736087458659869951,069
Fixed Assets211212245236236265273270295
CWIP154012132553173192
Investments000000000
Other Assets264321428370496574661551582
Total Assets4905736736087458659869951,069

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +16-2318117-1-22142
Cash from Investing Activity +-31-12-10-35-59-46-99
Cash from Financing Activity +1536-159165178-48
Net Cash Flow0012-2-99-5

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-48.00-67.00-67.0076.0078.00-47.00-177.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days8097777397818178
Inventory Days141148149124211183233177
Days Payable4168394366525552
Cash Conversion Cycle180177187154242213259203
Working Capital Days166163166130194190223169
ROCE %11%19%21%24%12%5%4%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters74.17%74.17%74.17%74.17%74.17%74.17%74.17%74.17%74.17%74.17%74.17%74.17%
FIIs0.08%0.11%0.14%0.14%0.13%0.13%0.13%0.11%0.10%0.10%0.10%0.05%
DIIs0.01%0.64%0.76%0.76%0.76%0.78%0.75%0.61%0.39%0.39%0.00%0.00%
Public25.75%25.09%24.93%24.92%24.92%24.91%24.96%25.11%25.34%25.33%25.72%25.78%
No. of Shareholders28,96028,41528,33829,02928,57927,02426,56126,73026,54525,87525,71525,898

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
PGIM India Small Cap Fund190,1920.466.71190,1922024-12-160%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)2.715.8715.8430.2925.61
Diluted EPS (Rs.)2.715.8715.8430.2925.61
Cash EPS (Rs.)8.5911.6420.8935.4831.26
Book Value[Excl.RevalReserv]/Share (Rs.)187.90185.70179.84165.59137.92
Book Value[Incl.RevalReserv]/Share (Rs.)187.90185.70179.84165.59137.92
Revenue From Operations / Share (Rs.)248.53252.30258.16210.63225.80
PBDIT / Share (Rs.)16.1117.8128.8046.5739.77
PBIT / Share (Rs.)10.2312.0423.7541.3834.12
PBT / Share (Rs.)4.188.1722.5540.7030.58
Net Profit / Share (Rs.)2.715.8715.8430.2925.61
NP After MI And SOA / Share (Rs.)2.715.8715.8430.2925.61
PBDIT Margin (%)6.487.0511.1522.1117.61
PBIT Margin (%)4.114.779.1919.6415.11
PBT Margin (%)1.683.238.7319.3213.54
Net Profit Margin (%)1.082.326.1314.3811.34
NP After MI And SOA Margin (%)1.082.326.1314.3811.34
Return on Networth / Equity (%)1.433.158.8018.2918.56
Return on Capital Employeed (%)4.805.8811.7623.7423.22
Return On Assets (%)0.912.006.1613.6814.16
Long Term Debt / Equity (X)0.080.050.070.000.00
Total Debt / Equity (X)0.320.360.230.130.09
Asset Turnover Ratio (%)0.840.911.081.051.19
Current Ratio (X)1.902.152.993.023.18
Quick Ratio (X)0.900.911.451.581.76
Inventory Turnover Ratio (X)1.651.932.392.132.66
Dividend Payout Ratio (NP) (%)18.480.009.478.2513.66
Dividend Payout Ratio (CP) (%)5.820.007.177.0411.19
Earning Retention Ratio (%)81.520.0090.5391.7586.34
Cash Earning Retention Ratio (%)94.180.0092.8392.9688.81
Interest Coverage Ratio (X)2.664.6023.9667.8311.22
Interest Coverage Ratio (Post Tax) (X)1.452.5214.1845.128.23
Enterprise Value (Cr.)1198.421395.232504.872032.54474.66
EV / Net Operating Revenue (X)1.431.642.882.870.62
EV / EBITDA (X)22.1023.2825.8412.973.55
MarketCap / Net Operating Revenue (X)1.201.392.732.790.59
Retention Ratios (%)81.510.0090.5291.7486.33
Price / BV (X)1.591.893.923.540.97
Price / Net Operating Revenue (X)1.201.392.732.790.59
EarningsYield0.010.010.020.050.19

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 106.44

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Overvalued by 75.25% compared to the current share price 430.00

Intrinsic Value of as of December 22, 2024 is: 30.56

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Overvalued by 92.89% compared to the current share price 430.00

Last 5 Year EPS CAGR: -71.28%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (494.89 cr) compared to borrowings (152.89 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (716.25 cr) and profit (64.38 cr) over the years.
  1. The stock has a low average ROCE of 12.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 175.13, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 201.88, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 1.08%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.8% (Industry Average ROCE: 16.28%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 1.43% (Industry Average ROE: 12.32%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.45
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.9
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 37.6 (Industry average Stock P/E: 64.15)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.32
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Oriental Aromatics Ltd. is a Public Limited Listed company incorporated on 29/03/1961 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17299MH1972PLC285731 and registration number is 285731. Currently Company is involved in the business activities of Manufacture of synthetic aromatic products. Company’s Total Operating Revenue is Rs. 868.79 Cr. and Equity Capital is Rs. 16.83 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Organic - Others133 Jehangir Building, 2nd Floor, Mumbai Maharashtra 400001investors@orientalaromatics.com
http://www.orientalaromatics.com
Management
NamePosition Held
Mr. Dharmil A BodaniChairman & Managing Director
Mr. Ranjit A PuranikIndependent Director
Mr. Harshvardhan A PiramalIndependent Director
Ms. Amruda V NairIndependent Director
Mr. Prakash V MehtaIndependent Director
Mr. Shyamal A BodaniExecutive Director
Mr. Satish K RayExecutive Director - Operations

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹106.44, which is 75.25% lower than the current market price of ₹430.00. The stock has a market capitalization of 1,446 Cr. and recorded a high/low of 657/293 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹640 Cr and total liabilities of ₹1,069 Cr.

What is the Market Cap of ?

The Market Cap of is 1,446 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 430.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 657/293.

What is the Stock P/E of ?

The Stock P/E of is 37.6.

What is the Book Value of ?

The Book Value of is 195.

What is the Dividend Yield of ?

The Dividend Yield of is 0.12 %.

What is the ROCE of ?

The ROCE of is 4.07 %.

What is the ROE of ?

The ROE of is 1.45 %.

What is the Face Value of ?

The Face Value of is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE